Future of Bitcoin in India - page 2.

bakkang

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Quote from: budi691 on June 04, 2018, 09:27:41 AM

Quote from: sudarshandutta on June 04, 2018, 08:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

in my opinion, India could be an important factor in the development of bitcoin in South Asia. if India does not ban bitcoin, I think countries in south asia will take part, although the process will be long and time consuming. The point is back to the government in that country.

You're saying that if Indian government accept bitcoin then this will be the start to light up the south Asia to start accept bitcoin? I think it was really hard for other country to accept bitcoin since they can't never manipulate it that's why many governments doesnt recognize. Bug it is good for India if they don't ban it.

burky156

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In last 2 year there is always news about India's bitcoin and cryptocurrency situation. The people of India thinks that the ban can happen in any day so they are afraid to invest in cryptı moneys. But still there is nothing certain. There are like 1 billion people lives in India and if goverment could clear the path the bitcoin and cryptocurrency market will be better with them, hope they can do..

mlsbd

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Quote from: sudarshandutta on June 04, 2018, 08:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

Now Indian government very positive regarding Bitcoin or other Cryptocurrency. But this is neutral feedback i think.
The bank has not accepted yet.

Mr.trader

newbie

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Bitcoin is banned in india due to the bad effects of it and the bad news about of it. Well, in the reality

aashusaini01

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Bitcoin's future in India will be golden. Because bitcoin is a digital coin. And the coming era is the digital age. In which Bitcoin will play a special role. In the coming time, the Government of India will make Bitcoin completely independent.

gulshan1

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Future of bitcoin in whole world is very bright whether it is using in india or any another country. But population of country also effect the use bitcoin quantity and population of india is very high and it can become the big use of bitcoin but people of the india have to aware the bitcoin first.

Scharfenberger

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Though the population in India is huge not many people could aford investing in cripto. Hardly the future is bright at least the nearest

globalking

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POINTPAY

yes, it will happen one day as if now I don't see any possibility but I believe they will come up with regulation soon.

deppil

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Quote from: William.vk on November 28, 2018, 06:29:57 PM

India has banned crypto currencies or is on its way to doing so. But I think it's a very hasty decision. Bitcoin can significantly improve the economic picture of this country like any other. It is impossible to prohibit this currency, but rather to support it.

India is a developing country with a huge amount of unemployment. I also thought why did their government do that?
whereas if bitcoin grows freely it can be a problem solver for the problem of poverty and the lack of jobs

William.vk

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India has banned crypto currencies or is on its way to doing so. But I think it's a very hasty decision. Bitcoin can significantly improve the economic picture of this country like any other. It is impossible to prohibit this currency, but rather to support it.

ansarose1

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The first thing comes into my mind is bitcoin banned in india? Well i think if they open it up for the cryotocurrency in their country maybe it could give advantage and good future for bitcoin and cryptocurrency industry.

Ethan Argu

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Time will come leaders in politics will recognize the importance of crypto in a small community. I guess they study how it works and how does affects in business industry it will regulate in future they will realize the function that can help many people.i think india will be the one of example to build a crypto in the near future.

karashika0577

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It will be said unfortunately that there is a restriction on crypto currency in India. Because of the Bharat leaders, the ignorance of the government and the ignorance of crypto are also due to this. If the condition is the same then the future of crypto is in darkness in India. And if India adoped the form of crypto and if people of the people become aware of crypto, then there is no doubt that the future of crypto will be golden in India.

Koobtcgal

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Acewins.io

I think India is not the only country facing these issues of ban and other restrictions to cryptocurrency use. I don't blame their government as well because crypto is very risky and for that reason, if they don't make regulations to prevent this, their countrymen will lose a lot in future and blame their governments. Many people also believe that crypto will destroy most countries' economy.

patrikpat1

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i think in future India will accept the bitcoin for economical development of the country.

tonywick

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i hope in future India will accept the bitcoin and to utilize the forward technology investing their money.

Ronnie colman

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india the people they dont know about bitcoin....people have to update

Amevalentine

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Quote from: sudarshandutta on June 04, 2018, 08:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

I think the future of bitcoin in India is extinct because it is not needed and does not develop anymore and it would be better to donate in another country or country of Indonesia

uotbtc8611

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a revolution that is slowly paving towards a connected world, that is bitcoin/blockchain technology. it has brought innovation and new opportunities across the world in different sectors so, it not now but later India has to accept bitcoin/cryptocurrencies...

shadyrifles

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Recently, One of India's largest cryptocurrency exchange moved to Malta due to tight regulation for cryptocurrencies in India. The Reserve Bank of India and Indian Government has shown no interest in cryptocurrency and Bitcoin since the beginning. All we can do is wait and watch for the next hearing upon the counsel court which is going to be listed on the 15th January 2019 about the regulation of cryptocurrency in India.

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